Capitalist Vision
957 posts
Capitalist Vision
@TrueSowell
Quotes and insights from Thomas Sowell and other economists. Clear thinking on economics, liberty, and real-world trade-offs.
انضم Temmuz 2025
230 يتبع46 المتابعون
Poverty wages.
Low staffing.
No benefits.
They are not “saving money”.
They are squeezing workers and calling it a business plan.
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@BattlementLK How many daughters of Marx committed suicide? What racist epithet did Marx call his son-in-law? Why did Marx's mother cut him off financially? Why couldn't Marx manage his household finances? Why didn't Marx ever pay his housekeeper? Why did Marx impregnate his housekeeper?
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You can't debunk Marx because you can't debunk reality.
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@Matthuber78 The essay displays a primitive zero-sum mindset.
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Powerful essay! What if capitalism isn't suffering 'decline'/'stagnation', but is working as designed:
"Accumulation of wealth at one pole is...at the same time accumulation of misery, agony of toil slavery, ignorance, brutality, mental degradation, at the opposite pole."
Steve Maher@SteveMaher18
I'm really pleased with our essay in the new volume of the Socialist Register. In it, we challenge arguments that Trump emerged from capitalism's decline into "techno-feudalism", "political capitalism", or an "asset economy" driven by central banks inflating asset prices.
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@RoKhanna @FriedrichHayek Ro is good example of why the worst tend to seek power.
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@FriedrichHayek I taught a seminar in economics every quarter for four years! I never said was a professor!
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Ro Khannan is a Yale lawyer lacking a PhD in economics — Khannan is not qualified to claim credentials as a Stanford economics professor because he never was a professor of economics. Khannan was a “Visiting Lecturer” which means he was a nobody with no standing in economics.
Ro Khanna@RoKhanna
I co-introduced historic legislation to increase the minimum wage to $25. As someone who taught economics at Stanford, here is why it makes sense. The real minimum wage was $14 in 1968. Today it is half, but productivity has increased 2.5x. Instead of extractive capitalism, we need a free enterprise system that pays workers what they are worth.
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@EdbieLigerSmith The Red Terror (1918–1921): An estimated 28 bishops and over 1,200 priests were executed. The Great Purge (1937–1938): In 1937 alone, more than 85,000 Orthodox priests were shot. By 1939, it is estimated that only a few hundred of the original 50,000+ churches remained active.
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“Lenin and Stalin are evil because they killed people.”
Ya… so did George Washington and Abe Lincoln. That’s WHY they’re considered national heroes.
Because they were political leaders at a time when social contradictions came to a head & their countries were beset with war.
Social change is not an easy process. It involves armed struggle against the dominant class forces or invading colonial powers.
This is why using “death counts” to measure the success of a given political figure is so stupid. You have to ask who they waged war against, and for what purpose?
In the case of Lenin & Stalin it was the dictatorial Russian ruling class & the invading Nazi fascists.
And it was because they defeated these forces that they were able to transform Russia from a backwards & impoverished empire, into an industrial powerhouse that constructed the world’s first workers state.
An omelette is never made without breaking a few eggs. And in every class society there are a lot of bad eggs that deserve to be cracked.
Long live the legacy of the Bolsheviks and the USSR!
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@WorkingFamilies Landlords will have higher costs and tenants will face higher rents, so both parties are worse off because of government meddling.
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Landlords were NOT happy about our efforts to pass renter protections in Philadelphia, Pennsylvania.
That didn’t stop us 🧵
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@tonyannett Hedge funds are providing critical capital to Waymo—a technology that is a godsend for those who are blind, have epilepsy, or simply cannot drive. On the other hand, all you do is lust after and envy the success of others. You epitomize the 'dog in the manger.'
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Hedge funds are not businesses. They produce nothing.
New York Post@nypost
Bruce Blakeman blasts Hochul, Mamdani over pied-à-terre tax proposal: 'Losing businesses and jobs each and every day' trib.al/3KiuzPM
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@RTSG_Main The lunacy of Marx: Marxists contend that the subsistence farmer avoids exploitation by retaining 100% of his meager output. Meanwhile, the factory worker is exploited by definition, despite having a higher level of consumption, because he is paid a wage, not his surplus value.
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Right wingers never actually directly address Marx himself.
Instead, they rely on imaginary straw-man’s that Marx doesn’t believe or himself refutes.
Possum Reviews@ReviewsPossum
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@ceprdc @repdeliaramirez @Analilia_Mejia Why do you want to make it more difficult for minorities to get jobs?
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.@repdeliaramirez and @Analilia_Mejia are right to call for raising the federal minimum to $25 and banning the tipped wage—maintaining $7.25/$2.13 as floors lets businesses get away with legally keeping people in poverty.
Hopefully, the bill builds in increases to keep up with the cost of living.
Allow for periodic assessment to make sure it is still a meaningful floor that provides for an increase in the standard of living for the lowest earners.
The good news: most voters support both of these policies. Given that, there's no GOOD reason why Congress can't get it done.
#majorityagenda cepr.net/publications/t…
More Perfect Union@MorePerfectUS
BREAKING: Two Democratic Reps. are introducing a bill to raise the federal minimum wage to $25/hr and eliminate subminimum wages. Reps. Delia Ramirez and Analilia Mejia are introducing the bill, saying it's unacceptable that the minimum wage has been stuck at $7.25 since 2009.
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@xriskology A good life is not characterized by high infant and maternal mortality. It is not one where starvation is always lurking. And let's not forget these were extremely violent times, in which in some groups, up to 25% of people died from homicide.
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What we now consider "normal"--working constantly, sleeping little, prioritizing work over sleep, friendship, relationships, love, leisure, hobbies, art, reading, etc.--is VERY ABNORMAL, anthropologically speaking. In most ways, life today sucks compared to what we had.
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Part of the mythology of capitalism is that people worked themselves to the bone before the Industrial Revolution. Just false. If you go back far enough, before the Neolithic Revolution, people hardly "worked." Everything they needed to live a Good Life was readily available.
Nate Hagens@NJHagens
If our cultural values and ways of life are what got us here, rooted in narrow-boundary, cold, and logical thinking – then perhaps moments of turbulence like these actually call on us to change our way of thinking entirely.
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@Rakeshhkumaar Commies promise paradise but bring a reign of terror, violence, and death.
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“Do you want to know what the capitalists want?
The triumph of the interests of their purses, even if it means the doom of Russia — that is what they want.”
- Joseph Stalin (1917)
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@uspolitics1111 He is a strange mix of Nazi lover, rape apologist, and commie.
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The next senator from Maine is refreshing : Pro labor, Anti war progressive who is so clear eyed about the struggle of americans and the insane inequality facing the society ❤️
He will be an amazing addition to the senate
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🇺🇸 The American Communist party says that "The United States has no moral and no spirtual right to lecture to the people of the world that their system is the only possible path."
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The only way out of capitalist decay is cooperation and sharing.
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@RelearningEcon Such a clown: In 1984 he wrote that the Soviet economy had made “great material progress” and that the Russian system partly succeeded by making fuller use of manpower.
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"Economics is extremely useful as a form of employment for economists."
-John Kenneth Galbraith
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Capitalists describing their own system but calling it Communism example #7473957
Margaret Thatcher@MrsMThatcher
Communism was the regime for the privileged elite, capitalism the creed for the common man.
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@NJHagens Between 1841 and 1901, life expectancy for males and females increased by 20 and 24%. The literacy rate jumped from 55% to 97% for women. The quality of life index for children and youths doubled, while real wages for unskilled workers increased by over 100%.
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If our cultural values and ways of life are what got us here, rooted in narrow-boundary, cold, and logical thinking – then perhaps moments of turbulence like these actually call on us to change our way of thinking entirely.
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@PitchforkEcon @Walmart @rooseveltinst This is like a little child's understanding of economics. The welfare state reduces labor supply, driving up wages that places such as Wal-mart pays.
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1 in 4 SNAP dollars goes to @Walmart.
The same company that pays so little, many workers need SNAP.
That’s not a coincidence.
That’s the business model.
@rooseveltinst fellow Jamie Keene explains.
Safety net—or corporate subsidy?
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@9mmballpoint It's a strange thing how goods and services are relatively less scarce under a profit/loss system.
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Posts like these are meant to obscure the very simple moral reality that denying care due to limited resources is not the same as denying care to turn a profit.
Alex Tabarrok@ATabarrok
There isn’t a single country in the world where claims for medical care are not sometimes denied. Not a single one.
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@democracynow Slobodian is a fraud. He misrepresents and rewrites quotes to fit his political views.
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Our full interview with Quinn Slobodian, co-author of the new book Muskism: A Guide for the Perplexed 👇
Slobodian is a professor of international history at Boston University whose work focuses on neoliberalism, capitalism and the far right.
See all our interviews with Quinn Slobodian on our website: democracynow.org/appearances/qu…
Timestamps:
0:00 - introduction
1:13 - Musk's business empire, SpaceX IPO
2:51 - Apartheid South Africa
4:48 - Big Tech fusing with the state
7:06 - Musk's space promises
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